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Technology Advancements

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Abstract (Wikimedia Foundation, 2008) Over two and a half million years ago primitive humanoids began using stones and rocks to butcher dead animals, to date, this was the first known use of technology on earth. Since that time, both we human beings and our technology have evolved. Over the course of history, technology has evolved from stone flakes to a world of space travel and super-computers. The increased availability to information could lead to the development to several necessary and desired advancements in technology over the next ten years that could affect El Arco and the world as well. My business partners and I have decided to invest a large percentage of our working capital in technology. We have hired someone to …show more content…

Additionally, advancements in medical information technology would give doctors better access and improve patient care. In addition, increased technology could assist with monitoring and managing diseases. Medical advancements could decrease costs to your business by way of decreased insurance premiums for you and your employees. (Rand, 2008) Society at large can benefit a great deal from many of the upcoming technological advances. Some of the feasible technological advancements may have significant public policy issues. Issues like genetic screening and genetically modified crops and animals continue to be some of the most controversial. On the other hand, technology advancements in areas of environmentally friendly are considered favorably by the public. The development of secure data transfers and electronic transactions could change the way companies including your do business. Technological advances over the next ten years are projected to grow at an astronomic rate. As business owners you must consider carefully all of the affects the different forms of technological advances will affect your business. Conclusion Through out the course of history technology goes through spurts of development. (Wikimedia Foundation, Inc., 2008) The stone age, bronze age, and iron age were the major eras of early technology. Many ancient civilizations such as

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